About Sofyx
Sofyx is a company based in India founded in 2013 by Mukesh Kachroo. Sofyx has raised $845.31 thousand across 1 funding round from investors including Galeecha, Mukesh Sharma and Essa Merchant. Sofyx operates in a competitive market with competitors including RELEX, Wasoko, Bizom, Bazaarvoice and CallidusCloud, among others.
- Headquarter India
- Founders Mukesh Kachroo
- Stage Minicorn
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Sectors
RetailTechnology
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
Locked
- Legal Name Sofyx Systems Private Limited
- Date of Incorporation 08 Feb, 2018
- Jurisdiction Gurgaon, Haryana, India
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Annual Revenue
$98.62 K (USD)1735.71as on Mar 31, 2020
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Net Profit
-$223.41 K (USD)-38.86as on Mar 31, 2020
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EBITDA
-$230.2 K (USD)-42.55as on Mar 31, 2020
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Total Equity Funding
$845.31 K (USD)
in 1 rounds
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Latest Funding Round
$845.31 K (USD), Seed
Apr 18, 2018
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Investors
Galeecha
& 6 more
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Employee Count
Not available
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Funding Insights of Sofyx
Sofyx has successfully raised a total of $845.31K through 1 strategic funding round. The most recent funding activity was a Seed round of $845.31 thousand completed in April 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sofyx
Sofyx has secured backing from 7 investors, including angel investors. Prominent investors backing the company include Galeecha, Mukesh Sharma and Essa Merchant.
| Investor | Description | Founded Year | Domain | Location |
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MS
Mukesh Sharma |
Angel investor, ex-Amazon, focused on tech startups in India
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Locked | Locked | Locked |
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EM
Essa Merchant |
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Locked | Locked | Locked |
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HS
Harpal Singh |
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Locked | Locked | Locked |
Investor details for Sofyx
Investor domains, locations, round participation, and complete history require an active premium plan.
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- Investor locations
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Investments & Acquisitions by Sofyx
Investment portfolio details for Sofyx
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
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- Transaction dates
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Financial Statements - Sofyx
Detailed financials for Sofyx
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sofyx Comparisons
Peer comparison for Sofyx
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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- Operating benchmarks
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Competitors of Sofyx
Sofyx operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RELEX, Wasoko, Bizom, Bazaarvoice and CallidusCloud, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| Locked | Locked | Locked |
Unified platform for retail and supply chain planning is offered.
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| Locked | Locked | Locked |
Online B2B marketplace offering groceries for enterprises
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| Locked | Locked | Locked |
Retail intelligence platform is developed for brands and B2B retailers.
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| Locked | Locked | Locked |
Provider of SaaS based marking solution
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| Locked | Locked | Locked |
Cloud-based solutions for sales, marketing, and pipeline management are provided.
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| Locked | Locked | Locked |
Mobile retail platform with engagement and POS solutions provided.
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Detailed competitors of Sofyx
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
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Verified entity values are shown only after access is granted.
Latest news on Sofyx
Complete news archive for Sofyx
Full article history, source details, and older brand coverage require an active premium plan.
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- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sofyx
Sofyx was founded in 2013 and raised its 1st funding round 5 years after it was founded.
Sofyx is headquartered in India.
Sofyx is a funded company, having raised a total of $845.31K across 1 funding round to date.
Annual revenue of Sofyx is $98.62K as on Mar 31, 2020.
Founded in 2013 in India, Sofyx operates as an app-based social commerce platform within the telecom sector. Retailers, brands, distributors, and manufacturers are connected to facilitate transactions and daily business operations. Digital tools are provided for managing smartphone retail activities, supporting community-based interactions across the industry. The platforms domain is sofyx.com.
Sofyx's top competitors include Bizom, RELEX and Bazaarvoice.
Sofyx has 7 investors. Key investors include Galeecha, Mukesh Sharma, Essa Merchant, Harpal Singh, and Nikita Padora.
The valuation of Sofyx is $4.78M as of Apr 2018.